Higher-than expected UK inflation figures disappointed the City today, with shares closing down as the 2.3% Consumer Price Index reading dashed hopes of a June interest rate cut.
Anglo American on Wednesday said it has received, and rejected, a third conditional offer from BHP Group, though it’s agreed to push back the deadline for its suitor to make a formal bid.
The clock is counting down on BHP’s takeover swoop for Anglo American today as the Australian miner is left with just hours to table an improved offer or walk away. BHP has been hiking its bids for Anglo American over the past month after…